It's obviously a terrible time to be a brick-and-mortar retailer. But Wall Street is betting that life will get even worse for department stores and retailers.
Tesla's stock has soared more than 75% this year on hype about new products like a semi truck and the more affordable Model 3. Wall Street is infatuated with Elon Musk. But he has a lot on his plate and Tesla is still losing money.
21st Century Fox's $15 billion takeover of Sky TV hangs in the balance because of U.K. concerns about broadcasting standards at Rupert Murdoch's group and the concentration of media ownership.
Insurance giant Munich Re warned investors that losses from the storms will result in a third quarter loss and could cause it to miss its 2017 profit target.
Mark Warner, a Democratic senator from Virginia, wants the Federal Trade Commission to look into the Equifax debacle. Shares of Equifax plunged further on the news. The worst may be far from over for the embattled company.
The CEO of JBS was arrested on Wednesday on insider trading charges. Wesley Batista allegedly traded his company's own stock as he was negotiating a plea deal with government prosecutors.
Nordstrom has a crazy new idea for how to reinvent itself that is already making investors nervous. Soon, the retailer may not have to worry about what Wall Street thinks because it's exploring a deal to go private.